Civic Intelligence

The Lake Forest Library Foundation

990 • Fiscal year 2025 • EIN 84-4151206

May 01, 2024 to Apr 30, 2025 • Filed on Aug 29, 2025

Organization ProfileN/A
360 E Deerpath RoadLake Forest, IL 60045

(847) 810-4602

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

99th percentile

93%

Higher net margin than 99% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

63rd percentile

14%

Faster revenue growth than 63% of similar nonprofits.

2025 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets34th percentile

Assets

Up

$557,237

Up $72,410 (+15%) from 2024

Net Assets

Up

$557,237

Up $72,410 (+15%) from 2024

Liabilities

Flat

$0

Flat from 2024

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin99th percentile

Revenue

Up

$62,668

Up $7,557 (+14%) from 2024

Expenses

Down

$4,363

Down $6,390 (-59%) from 2024

Net Income

Up

$58,305

Up $13,947 (+31%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $12,649Liabilities 2021: $0Net Assets 2021: $12,6492021Assets 2022: $362,227Liabilities 2022: $0Net Assets 2022: $362,2272022Assets 2023: $392,237Liabilities 2023: $0Net Assets 2023: $392,2372023Assets 2024: $484,827Liabilities 2024: $0Net Assets 2024: $484,8272024Assets 2025: $557,237Liabilities 2025: $0Net Assets 2025: $557,2372025

Highlighted filing

2025

Assets$557,237
Liabilities$0
Net Assets$557,237
Open 2025 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $12,835Expenses 2021: $186Net Income 2021: $12,6492021Revenue 2022: $366,850Expenses 2022: $17,272Net Income 2022: $349,5782022Revenue 2023: $33,764Expenses 2023: $7,712Net Income 2023: $26,0522023Revenue 2024: $55,111Expenses 2024: $10,753Net Income 2024: $44,3582024Revenue 2025: $62,668Expenses 2025: $4,363Net Income 2025: $58,3052025

Highlighted filing

2025

Revenue$62,668
Expenses$4,363
Net Income$58,305
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2024 to Apr 30, 2025
Signed
Aug 29, 2025
Return Version
2024v5.2
Gross Receipts
$156,890
Mission and Program Overview

Mission

The foundation's purpose is to support the lake forest library in its mission to inspire life-long learning, promote the free and respectful exchange of ideas, and build community.

To support the lake forest library through the creation and maintenance of an endowment fund and to raise funds for capital projects when approved by the library board.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$473,307$533,273▲ $59,966
Savings and Temporary Cash Investments$1$21,451▲ $21,450
Cash and Non-Interest-Bearing Accounts$11,519$2,513▼ $9,006
Total Assets$484,827$557,237▲ $72,410
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$313,552$341,141▲ $27,589
Net Assets With Donor Restrictions$171,275$216,096▲ $44,821
Total Net Assets Fund Balance$484,827$557,237▲ $72,410
Total Liabilities and Net Assets / Fund Balance$484,827$557,237▲ $72,410

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$171,275$29,030▲ $15,791-$216,096
2023$106,966$45,874▲ $18,435-$171,275
2022$102,132$6,000▼ $1,166-$106,966
2021-$103,403▼ $1,271-$102,132
Compensation and Service Providers
Top Officer Pay58th percentile

Board Members and Trustees

NameTitle
Mark SaranPresident
Steve SinclairVice President
Michael HoeftSecretary
L Robert PasquesiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$29,030
Program Service Revenue
$0
Investment Income
$33,638
Other Revenue
$0
All Other Contributions
$29,030
Change in Net Assets
$58,305

Audited Revenue Reconciliation

Revenue per Audited Statements
$61,346
Revenue Not Reported on Financial Statements
$1,322
Revenue Not Reported on Form 990
$14,105
Total Revenue per Audited Statements
$75,451
Total Revenue per Form 990
$62,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,363
Total Fundraising Expense$161
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$1,836-$1,836
Insurance-$929-$929
Other Expenses-$115$161$115
Total Functional Expenses$0$4,202$161$4,363

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$4,363
Expenses per Audited Statements$3,041
Total Expenses per Audited Statements$3,041
Expenses Not Reported on Financial Statements$1,322
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is distributed to the officers of the organization for review before the form is filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to sign a conflict of interest statement annually, indicating they are in compliance with the organization's conflict of interest policy, which gets circulated to all new board members at the beginning of their term.”

Form 990, Part VI, Section C, Line 19

“The organization has a statement on its website that its financial reports are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Lake Forest Library Foundation
EIN
84-4151206
Phone
8478104602
Address
360 E DEERPATH ROAD, LAKE FOREST, IL 60045

Signing Officer

Name
Mark Saran
Title
President
Phone
8472345000
Signed
2025-08-29

Organization Details

Principal Officer
Mark Saran
Formed
2019
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
10
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“To provide long-term , ongoing support to the lake forest library for capital projects and general operations.”

Raw XML Appendix363 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE LAKE FOREST LIBRARY THROUGH THE CREATION AND MAINTENANCE OF AN ENDOWMENT FUND AND TO RAISE FUNDS FOR CAPITAL PROJECTS WHEN APPROVED BY THE LIBRARY BOARD.
IRS990/AllOtherContributionsAmt029030
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0L ROBERT PASQUESI
IRS990/BooksInCareOfDetail/PhoneNum08472345000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0585 BANK LANE SUITE 3000
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAKE FOREST
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060045
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt011519
IRS990/CashNonInterestBearingGrp/EOYAmt02513
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt029030
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt033638
IRS990/CYOtherExpensesAmt04363
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt058305
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt04363
IRS990/CYTotalFundraisingExpenseAmt0161
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt062668
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION OPERATES TO SUPPORT THE LAKE FOREST LIBRARY .
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0171275
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0216096
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01836
IRS990/FeesForServicesAccountingGrp/TotalAmt01836
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MARK SARAN
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVE SINCLAIR
IRS990/Form990PartVIISectionAGrp/PersonNm2L ROBERT PASQUESI
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL HOEFT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt021420
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0115642
IRS990/GrossReceiptsAmt0156890
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0929
IRS990/InsuranceGrp/TotalAmt0929
IRS990/InvestmentIncomeGrp/ExclusionAmt012218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012218
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0473307
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0533273
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt094222
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S PURPOSE IS TO PROVIDE SUPPORT TO THE LAKE FOREST LIBRARY IN ITS MISSION TO INSPIRE LIFE-LONG LEARNING, PROMOTE THE FREE AND RESPECTFUL EXCHANGE OF IDEAS AND TO BUILD COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0484827
IRS990/NetAssetsOrFundBalancesEOYAmt0557237
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt021420
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt021420
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt014105
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0313552
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0341141
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc1CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc2ANNUAL FEE
IRS990/OtherExpensesGrp/FundraisingAmt0161
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01322
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1115
IRS990/OtherExpensesGrp/TotalAmt01322
IRS990/OtherExpensesGrp/TotalAmt1161
IRS990/OtherExpensesGrp/TotalAmt2115
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK SARAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt045874
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt09237
IRS990/PYOtherExpensesAmt010753
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt044358
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt010753
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt055111
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt058305
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01
IRS990/SavingsAndTempCashInvstGrp/EOYAmt021451
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt021195
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt07430
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0324286
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0372911
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS FORMED ON DECEMBER 13, 2019; THEREFORE 2020 WAS A SHORT YEAR FOR PURPOSES OF SCHEDULE A.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1IN 2022, THE ORGANIZATION SOLD STOCK FOR A LOSS OF $14,709 WHICH IS NOT REFLECTED IN THE TOTAL SUPPORT SCHEDULE. IN 2023, THE ORGANIZATION SOLD STOCK FOR A GAIN OF $212, WHICH IS NOT REFELCTED IN THE TOTAL SUPPORT SCHEDULE. IN 2024, THE ORGANIZATION SOLD STOCK FOR A GAIN OF $21,419, WHICH IS NOT REFLECTED IN THE TOTAL SUPPORT SCHEDULE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III LINE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART III SECTION B LINE12 OTHER INCOME
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt029030
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt045874
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt042936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0366781
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt012779
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0497400
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt012218
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt09025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05537
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt026848
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt012218
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt09025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05537
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt026848
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0124489
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt021195
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt07430
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0324286
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0372911
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt029030
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt045874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt042936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0366781
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012779
IRS990ScheduleA/Total509Grp/TotalAmt0497400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt041248
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054899
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt048473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0366849
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012779
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0524248
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0171275
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt029030
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0216096
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt015791
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0106966
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt045874
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0171275
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt018435
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0102132
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt06000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0106966
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1166
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0103403
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0102132
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1271
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01322
IRS990ScheduleD/ExpensesSubtotalAmt03041
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt01322
IRS990ScheduleD/InvestmentExpensesNotIncldAmt01322
IRS990ScheduleD/NetUnrealizedGainsInvstAmt014105
IRS990ScheduleD/RevenueNotReportedAmt014105
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01322
IRS990ScheduleD/RevenueSubtotalAmt061346
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE LONG-TERM , ONGOING SUPPORT TO THE LAKE FOREST LIBRARY FOR CAPITAL PROJECTS AND GENERAL OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04363
IRS990ScheduleD/TotalRevenuePerForm990Amt062668
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt075451
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03041
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE 990 IS DISTRIBUTED TO THE OFFICERS OF THE ORGANIZATION FOR REVIEW BEFORE THE FORM IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY, INDICATING THEY ARE IN COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, WHICH GETS CIRCULATED TO ALL NEW BOARD MEMBERS AT THE BEGINNING OF THEIR TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A STATEMENT ON ITS WEBSITE THAT ITS FINANCIAL REPORTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0484827
IRS990/TotalAssetsEOYAmt0557237
IRS990/TotalAssetsGrp/BOYAmt0484827
IRS990/TotalAssetsGrp/EOYAmt0557237
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt029030
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0161
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04202
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt04363
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0484827
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0557237
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033638
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt062668
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0484827
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0557237
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0585 BANK LANE
IRS990/USAddress/CityNm0LAKE FOREST
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060045
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK SARAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08472345000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LAKE FOREST LIBRARY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0844151206
ReturnHeader/Filer/PhoneNum08478104602
ReturnHeader/Filer/USAddress/AddressLine1Txt0360 E DEERPATH ROAD
ReturnHeader/Filer/USAddress/CityNm0LAKE FOREST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060045
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-09-05T16:00:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-05-01
ReturnHeader/TaxPeriodEndDt02025-04-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$557,237
Liabilities
$0
Net assets
$557,237
Revenue
$62,668
Expenses
$4,363
Net income
$58,305
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.57$0.00$5.57$0.63$0.04$0.58
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.85$0.00$4.85$0.55$0.11$0.44
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$0.00$3.92$0.34$0.08$0.26
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.00$3.62$3.67$0.17$3.50
2021Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.13$0.00$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)3 • $500k-$1M nonprofits